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Adidas posts 32% jump in Q1 net income

Source: mad.co.uk | Author: Arif Durrani | Published: 07 May 2008 09:30

Adidas AG, the German sportswear company, has posted a 32 per cent rise in net income for the first quarter of 2008, following a number of cost-cutting initiatives.

The second largest sportswear maker in the world, behind Nike, reported sales up 3.1 per cent although sales at ...

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